eDiets.com, Inc. engages in developing and marketing Internet-based diet and fitness programs to consumers and businesses primarily in North America. It offers various digital subscription-based diet plans according to an individual’s weight goals, food and cooking preferences, and related shopping lists and recipes; and subscription-based weight loss oriented meal delivery services, as well as interactive online information, communities, education, and telephone and online support services. The company also provides message boards on various topics of interest to subscribers, such as online meetings presented by licensed mental health counselors, registered dietitians, and certified fitness trainers. In addition, it offers private label online nutrition, fitness, and wellness programs to health insurance, pharmaceutical, and food industries; and operates a Web site, eDiets.com, which provides content in the areas of diet and nutrition, fitness, mind and body, health, and food and recipes, as well as plans, designs, and develops private-label nutrition Web sites. The company was founded in 1992 and is based out of Fort Lauderdale, Florida. Diet and Health With Key to the Calories
Today the stock is trading around $0.69 a share, which in my opinion is highly undervalued and it has reflected in the market of late. Yesterday trading volume was slightly over a million shares traded which has been the largest single volume day in quite some time. Insiders and institutions alike are snapping up shares of this stock like wild fire. I see a short term target of $2.00+ in the near future for this stock. Management seems to be working hard to get this stock up-listed on the NASDAQ and I have no doubt it will be there shortly.
Due to the rosy outlook and fundamentals of this stock I make it my stock pick of the year. It's definitely one to keep an eye on. Here is a great story I would like to share with all that I found.
I thought it was interesting and inspiring to see first thing this morning.
The Hollywood Cookie Diet Choclate Chip 30 Meal Replacement Cookies
The Metabolic Effect Diet: Eat More, Work Out Less, and Actually Lose Weight While You Rest